LTWO News out, could break out today
Friday December 17, 7:30 am Eastern Time
Company Press Release
SOURCE: Learn2.com
Learn2.com Expands Courseware Offerings Into Defensive
Driving Market
Chicago's Cook County Traffic Court Endorses Learn2.com's National Safety Council
Approved Web-based
Defensive Driving Course
WHITE PLAINS, N.Y., Dec. 17 /PRNewswire/ -- Learn2.com (Nasdaq: LTWO -
news), a leading provider of e-learning solutions, and its partner the
Professional Development Association (PDA), announced today that the Cook County
Traffic Court (Chicago, IL) has endorsed their web-based version
of the National Safety Council's Defensive Driving Courseware. The Cook County
Traffic Court, the largest in the nation, issues approximately 2 million
traffic violation tickets each year, and estimates that approximately 300,000 of these
violators would be eligible for point reduction by completing
Learn2.com's web-based defensive driving course. The cost for this course is expected
to be $30. Each ticket issued by Cook County will contain
instructions for violators to contact the Northwestern University Traffic School for
details on taking the on-line course. The Cook County Traffic Court has
endorsed the course in order to ease congestion in its courthouse. This program will be
available to the public in the first quarter of 2000.
''Learn2.com is committed to entering markets which will provide individuals with
knowledge that will have a positive effect on their daily lives,' said
Stephen P. Gott, President and CEO of Learn2.com. ''The Defensive Driving Course
fits our model and is ideally suited for Internet distribution. This
web-enabled application solves a large problem for Cook County and provides a
convenient way for traffic violators to take the course. We expect this to
be the first of many county endorsements throughout the country. In addition, we can
potentially reach a larger market, in select states, for individuals who
may qualify for auto insurance discounts by taking this course.'
Employees and consumers nationwide will be able to purchase and take the web-based
version of Defensive Driving Courseware online, sharpen their
driving skills, and print a certificate of completion. In 34 states, students who
successfully complete the course can qualify for insurance discounts and/or
point reduction by submitting proof of course completion to their insurance companies.
Independent studies have shown successful completion of the
courseware can reduce auto collisions by a minimum of 20% and moving violations by
up to 50%.
Previously, PDA deployed the desktop version of the course to hundreds of thousands
of employees of corporations and government agencies such as
Exxon, Ford Motor Company, Bell Atlantic, U.S. Postal Service, Dow Chemical and
Dupont. Through this partnership with Learn2.com, the standard
Defensive Driving course will be available over the web to individuals, as well as to
corporations, which will also have the option of purchasing a
customized version.
''To date, PDA has trained hundreds of thousands of corporate and government users
on Defensive Driving through traditional methods,' said William J.
Charron, Jr., President at the Professional Development Association. ''Now, by utilizing
Learn2.com's streaming technology, we can reach a greater
audience than ever before. In addition, we can reach a substantially larger market by
leveraging Learn2.com's extensive distribution channels, comprised
of their direct sales force, reseller channel, highly trafficked Learn2.com site and affiliate
sites.'
About Professional Development Associates
Professional Development Associates (PDA) was formed in April, 1988 by William J.
Charron, Jr. PDA has designed and delivered computer-based
training programs to hundreds of thousands of employees at major corporations and
governmental agencies.
PDA developed the Defensive Driving Course using computer-based training (CBT) in
a strategic partnership with the National Safety Council. Since its
introduction in 1993, the program has met wide acceptance and is now installed on over
200,000 personal computers. PDA's customer base has now
grown to hundreds of organizations in every state in the union.
About Learn2.com
Learn2.com is a leader in the creation and distribution of online advanced learning and
training. The Learn2.com suite of products, which includes more
than 1,200 training titles, provides an engaging learning experience to consumer and
corporate customers by allowing interactive multimedia and animated
courseware to be accessed instantly on the Web. These courses are also delivered on
CD-ROM, LAN and video. Learn2.com is also an Internet learning
community that offers consumers tips and step- by-step instructions on a broad
spectrum of skills, activities and tasks, as well as immediately accessible
multimedia consumer training courses and tutorials. Corporations have access to the
same high quality tutorials through Learn2University, which includes
additional features such as reporting and administration. For more information, call
800-214-8000. Learn2.com is located at www.learn2.com and
Learn2University is located at www.learn2university.com.
Forward-Looking Statements
This news release contains forward-looking statements, which involve risks and
uncertainties. Accordingly, no assurance can be given that the actual
events and results will not be materially different than the anticipated results described in
the forward-looking statement. There are a number of important
factors that could cause actual results to differ materially from those expressed in any
forward-looking statements made by the Company. These factors
include the Company's success in integrating the business and operations of both
constituent companies; the activities of new or existing competitors, the
ability to attract and retain employees and strategic partners, the ability to leverage
intangible assets in its technology, the ability to complete new projects at
planned costs and on planned schedules and adoption of the Internet as a medium of
commerce, communications and education. Investors are also directed
to consider other risks and uncertainties discussed in documents filed by the company
with the Securities and Exchange Commission.
The Company undertakes no obligation to publicly release the result of any revisions to
these forward-looking statements, which may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
SOURCE: Learn2.com
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